PRECIOUS METALS

Softer quarter for steady West African at Sanbrado

GOLD production was down and costs were up for West African Resources’ March quarter, but the unhedged producer continued to rake in the cash from its flagship 90%-owned Sanbrado operation in Burkina Faso.

Sanbrado

Sanbrado

The first quarter saw it generate A$57 million of operating cashflow, topping its treasury up to $212 million, plus 16,580oz of bullion, after what was always expected to be a softer quarter. March...

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